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  • The plan is heralded as the “most drastic transformation” of the country’s armed forces by the prime minister.
  • Armaments takes up the largest share of funding.
  • The rise preempts the anticipated NATO spending target increase in June.
  • The new roadmap prioritises buying European equipment and building a more cohesive industry.
  • This boost follows a slew of defence spending increases this year amid a period of rearmament across Europe.
  • Increased UKEF loans aim to help support the rearming of Europe while boosting UK industry 
  • Momentum is building across Europe to bolster its defences.
  • The investment signals to its partners that the UK is committed amid a crunch time for European defence.
  • Fearing a reduction in US support in Europe, Denmark is determined to arm its military faster.
  • Belgium is turning the tide on a “period of national shame” with new defence hikes.
  • Lithuania will seek European funding to surpass Poland as NATO’s highest defence spender by percentage of GDP.
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